Edition:
United States

Income Statements: Southwest Airlines Co (LUV.N)

LUV.N on New York Stock Exchange

52.30USD
17 Jul 2019
Change (% chg)

$-0.98 (-1.84%)
Prev Close
$53.28
Open
$53.13
Day's High
$53.13
Day's Low
$52.27
Volume
875,324
Avg. Vol
902,291
52-wk High
$64.02
52-wk Low
$44.29

Interim Income Statement
View: AnnualInterim

In Millions ofU.S. Dollars
(except for per share items)
2019
2019-03-31
Period Length
3 Months
Revenue 5,149.0
Other Revenue, Total --
Total Revenue 5,149.0
Cost of Revenue, Total 1,348.0
Gross Profit 3,801.0
Selling/General/Admin. Expenses, Total 2,269.0
Research & Development --
Depreciation/Amortization 297.0
Interest Expense, Net - Operating --
Interest/Investment Income - Operating --
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) 0.0
Other Operating Expenses, Total 730.0
Total Operating Expense 4,644.0
Operating Income 505.0
Interest Expense, Net Non-Operating (22.0)
Interest/Invest Income - Non-Operating 23.0
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net (2.0)
Net Income Before Taxes 504.0
Provision for Income Taxes 117.0
Net Income After Taxes 387.0
Minority Interest --
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 387.0
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 387.0
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 387.0
Income Available to Com Incl ExtraOrd 387.0
Basic Weighted Average Shares 551.00
Basic EPS Excluding Extraordinary Items 0.702
Basic EPS Including Extraordinary Items 0.702
Dilution Adjustment --
Diluted Weighted Average Shares 552.00
Diluted EPS Excluding ExtraOrd Items 0.701
Diluted EPS Including ExtraOrd Items 0.701
DPS - Common Stock Primary Issue 0.160
Gross Dividends - Common Stock 178.0
Total Special Items 0.0
Normalized Income Before Taxes 504.0
Effect of Special Items on Income Taxes 0.0
Inc Tax Ex Impact of Sp Items 117.0
Normalized Income After Taxes 387.0
Normalized Inc. Avail to Com. 387.0
Basic Normalized EPS 0.702
Diluted Normalized EPS 0.701
Photo

Southwest expects Boeing 737 MAX cancellations beyond Oct. 1: CEO

CHICAGO Southwest Airlines expects it will have to remove the grounded Boeing Co 737 MAX jets from its flying schedule beyond the current Oct. 1 re-entry date following the discovery of a fresh safety issue, Chief Executive Gary Kelly told employees on Monday.